Derived from, doing business with Kim Fowley. Hollywood Pop Culture character perhaps best known for creating and supposesly controling all actions of the teen rock hit band The Runaways.
Fowley produced one more album titled "Waitin' for the Night." This was their first studio album that did not hit the charts. Kim Fowely got tired of playing G-d with his jailbait band and so left them, high and dry. "We fowled out for sure!" stated Lita Ford of doing business with Kim Fowley.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.